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Armenian dram real effective exchange rate fell 1% in September against August

YEREVAN, November 12. /ARKA/. Real effective dram versus foreign currency exchange rate dropped by 1% in September against August, says the Central Bank of Armenia monthly information handbook for September 2013.

At the same time, dram revaluation was 9.5% in September 2013 against September 2012.
Nominal effective exchange rate of Armenian dram against foreign currencies dropped by 0.3% in September compared to August and rose by 4.7% compared to September the year before. ($1=405.43drams).  –0—

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